Sterling Bancorp, Inc. (Southfield, MI) (SBT)
4.840
-0.040 (-0.82%)
Inactive · Last trade price
on Mar 31, 2025
SBT Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 82.06 | 86.68 | 87.38 | 113.82 | 146.7 | Upgrade
|
| Interest Income on Investments | 53.08 | 40.11 | 12.56 | 2.72 | 4.66 | Upgrade
|
| Total Interest Income | 135.14 | 126.79 | 99.93 | 116.54 | 151.36 | Upgrade
|
| Interest Paid on Deposits | 78.3 | 57.11 | 14.99 | 18.12 | 37.48 | Upgrade
|
| Interest Paid on Borrowings | 0.37 | 4.72 | 6.14 | 7.25 | 8.12 | Upgrade
|
| Total Interest Expense | 78.67 | 61.83 | 21.13 | 25.36 | 45.6 | Upgrade
|
| Net Interest Income | 56.47 | 64.96 | 78.8 | 91.18 | 105.77 | Upgrade
|
| Net Interest Income Growth (YoY) | -13.07% | -17.57% | -13.58% | -13.79% | -12.58% | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | 1.42 | - | Upgrade
|
| Gain (Loss) on Sale of Investments | -0.04 | -0.05 | -0.55 | -0.14 | 0.29 | Upgrade
|
| Other Non-Interest Income | 1.1 | 1.22 | 1.75 | 3.9 | 2 | Upgrade
|
| Total Non-Interest Income | 1.06 | 2.79 | 1.35 | 5.81 | 4.34 | Upgrade
|
| Non-Interest Income Growth (YoY) | -62.06% | 106.83% | -76.80% | 33.90% | -62.12% | Upgrade
|
| Revenues Before Loan Losses | 57.53 | 67.75 | 80.15 | 96.99 | 110.1 | Upgrade
|
| Provision for Loan Losses | -8.54 | -8.53 | -9.93 | -8.27 | 54.87 | Upgrade
|
| Revenue | 66.06 | 76.27 | 90.08 | 105.25 | 55.24 | Upgrade
|
| Revenue Growth (YoY) | -13.38% | -15.33% | -14.41% | 90.55% | -58.33% | Upgrade
|
| Salaries and Employee Benefits | 30.35 | 33.84 | 32.61 | 27.59 | 30.32 | Upgrade
|
| Occupancy Expenses | 3.13 | 3.47 | 3.71 | 3.6 | 3.28 | Upgrade
|
| Federal Deposit Insurance | 1.05 | 1.06 | 1.15 | 2.03 | 1.77 | Upgrade
|
| Selling, General & Administrative | 21.23 | 26.01 | 32.81 | 32.75 | 39.95 | Upgrade
|
| Other Non-Interest Expense | 6.04 | 7.33 | 9.13 | 6.25 | 8.8 | Upgrade
|
| Total Non-Interest Expense | 61.81 | 71.71 | 79.41 | 72.22 | 84.11 | Upgrade
|
| EBT Excluding Unusual Items | 4.25 | 4.56 | 10.67 | 33.03 | -28.88 | Upgrade
|
| Legal Settlements | - | - | -18.24 | - | 10 | Upgrade
|
| Pretax Income | 4.25 | 10.56 | -7.57 | 33.03 | -18.88 | Upgrade
|
| Income Tax Expense | 2.11 | 3.15 | 6.63 | 9.64 | -5.91 | Upgrade
|
| Net Income | 2.14 | 7.41 | -14.19 | 23.39 | -12.97 | Upgrade
|
| Net Income to Common | 2.14 | 7.41 | -14.19 | 23.39 | -12.97 | Upgrade
|
| Net Income Growth | -71.16% | - | - | - | - | Upgrade
|
| Basic Shares Outstanding | 51 | 51 | 50 | 50 | 50 | Upgrade
|
| Diluted Shares Outstanding | 51 | 51 | 50 | 50 | 50 | Upgrade
|
| Shares Change (YoY) | 1.11% | 0.86% | 0.41% | 0.60% | -2.52% | Upgrade
|
| EPS (Basic) | 0.04 | 0.15 | -0.28 | 0.47 | -0.26 | Upgrade
|
| EPS (Diluted) | 0.04 | 0.15 | -0.28 | 0.47 | -0.26 | Upgrade
|
| EPS Growth | -72.68% | - | - | - | - | Upgrade
|
| Dividend Per Share | - | - | - | - | 0.010 | Upgrade
|
| Dividend Growth | - | - | - | - | -75.00% | Upgrade
|
| Effective Tax Rate | 49.69% | 29.81% | - | 29.19% | - | Upgrade
|
Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.